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Jay-Z Net Worth

$2.8 Billion
Rapper, Record Executive, Entrepreneur

Quick Facts

Full Name Shawn Corey Carter
Net Worth $2.8 Billion
Profession Rapper, Record Executive, Entrepreneur
Date of Birth December 4, 1969
Nationality American
Height 6'2" (1.88 m)
Spouse/Partner Beyoncé (m. 2008)
Children Blue Ivy Carter (b. 2012), Rumi Carter (b. 2017), Sir Carter (b. 2017)

Biography

Jay-Z’s net worth is $2.8 billion, making him the wealthiest music artist in history and hip-hop’s first and richest billionaire. Born Shawn Corey Carter in Brooklyn, New York, Jay-Z built his fortune through fourteen Billboard 200 number-one albums, the co-founding of Roc-A-Fella Records and Roc Nation, and a diversified portfolio of luxury spirits, music streaming, real estate, technology investments, and fine art that has nearly tripled since he first crossed the billionaire threshold in 2019.

Updated March 2026: According to Forbes, Jay-Z’s net worth stands at $2.8 billion as of the 2026 Billionaires List, where he holds the #1504 position. He ranks as the wealthiest musician in the world, as confirmed by the List of music artists by net worth tracking publication data through March 2026.

Early Life and Education

Shawn Corey Carter was born on December 4, 1969, in Brooklyn, New York. He grew up in the Marcy Houses, a public housing project in the Bedford-Stuyvesant neighborhood of Brooklyn. He attended Eli Whitney High School, George Westinghouse Career and Technical Education High School (also attended by Biggie Smalls and Busta Rhymes), and briefly Trenton Central High School, but did not graduate. In his teenage years, he sold crack cocaine to supplement his family’s income — a period he has documented extensively across his music catalog, most explicitly on The Blueprint, American Gangster, and 4:44. He found a mentor and early collaborator in Brooklyn rapper Jaz-O and began recording music in the late 1980s.

Music Career

Unable to secure a record deal, Carter co-founded Roc-A-Fella Records in 1994 with Damon Dash and Kareem Burke. The label released his debut album, Reasonable Doubt (1996), to critical acclaim. His follow-up, In My Lifetime, Vol. 1 (1997), was the first of eleven consecutive albums to debut at number one on the Billboard 200 — a record. The Blueprint (2001), featuring Kanye West’s production, is widely considered a landmark of hip-hop and was certified platinum four times by the RIAA. The Black Album (2003) announced his first — and short-lived — retirement. He has since released multiple acclaimed albums, culminating in 4:44 (2017), which addressed infidelity, generational wealth, and Black entrepreneurship, and debuted at number one.

Jay-Z topped the Billboard Hot 100 four times: as lead artist with “Empire State of Mind” (featuring Alicia Keys, 2009), and as a featured artist on Mariah Carey’s “Heartbreaker” (1999), Beyoncé’s “Crazy in Love” (2003), and Rihanna’s “Umbrella” (2007). He served as president and CEO of Def Jam Recordings from 2004 to 2007, during which he signed and developed Rihanna, Kanye West, and Ne-Yo. Billboard and Vibe named him the greatest rapper of all time in 2023. He was inducted into the Rock and Roll Hall of Fame in 2021. His total Grammy count stands at 24.

How Jay-Z Built His $2.8 Billion Fortune

  • Armand de Brignac (Ace of Spades): Jay-Z acquired the champagne brand and built it to a valuation of approximately $640 million before selling a 50% stake to LVMH Moët Hennessy in early 2021 — netting an estimated $320 million from that transaction alone, per Forbes.
  • D’Ussé Cognac: Launched in 2012 through a joint venture with Bacardi, Jay-Z grew D’Ussé into a major spirits brand. In 2023, he sold his 50% stake back to Bacardi for a reported $750 million, according to Business Insider and TMZ, bringing his total liquor-business proceeds to well over $1 billion.
  • Tidal (music streaming): Jay-Z acquired Norwegian music technology company Aspiro for $56 million in 2015 and relaunched its platform as Tidal. In 2021 he sold a majority stake to Jack Dorsey’s Square (now Block) for $297 million — netting approximately $149 million in cash and stock after buying back a 33% stake from T-Mobile days earlier, per Forbes.
  • Roc Nation: Founded in 2008 as a joint venture with Live Nation, Roc Nation has grown into a full-service entertainment company managing artists including Rihanna, DJ Khaled, and J. Cole, as well as athletes including multiple NFL players. Forbes valued Roc Nation at approximately $140 million as of 2021; it has continued to expand since.
  • Music catalog: Jay-Z holds both publishing rights and master recordings for nearly 300 songs, a catalog Forbes valued at approximately $95 million in 2021. He is one of very few major hip-hop artists to retain ownership of his masters.
  • Technology and venture investments: Jay-Z holds stakes in Uber, Block (formerly Square), Sweetgreen (which went public in 2021), Oatly, and the insurance startup Ethos. Forbes valued his cash and investments portfolio at approximately $425 million in 2021, a figure that has grown substantially since.
  • Art collection: Jay-Z maintains a fine art collection valued at approximately $70 million, featuring works by Jean-Michel Basquiat, Damian Hirst, David Hammons, and Richard Prince, according to Forbes.
  • Real estate: Jay-Z and Beyoncé own a $88 million Bel Air estate purchased in 2017, a $26 million East Hamptons property, and additional holdings including a Tribeca penthouse in New York. Forbes placed their joint real estate at approximately $50 million equity in 2021.

Personal Life

Jay-Z married singer and businesswoman Beyoncé on April 4, 2008. They have three children: Blue Ivy Carter (born January 7, 2012), and twins Rumi Carter and Sir Carter (born June 13, 2017). The family maintains primary residences in Los Angeles and New York. In February 2025, a civil lawsuit that had alleged Jay-Z and Sean Combs assaulted a 13-year-old girl in 2000 was dismissed with prejudice and without settlement by the plaintiff, as confirmed by Reuters. Jay-Z subsequently filed suit against the accuser’s attorney, citing an estimated $20 million annual loss in Roc Nation business contracts during the litigation period, as reported by Deadline.

Frequently Asked Questions

What is Jay-Z’s net worth?

Jay-Z’s net worth is $2.8 billion, according to Forbes’s 2026 Billionaires List. He is the wealthiest music artist in history. His fortune was built primarily through his luxury spirits businesses (D’Ussé and Armand de Brignac, which generated combined proceeds of over $1 billion), supplemented by Roc Nation, Tidal, his music catalog, real estate, and a diversified technology and venture portfolio.

How did Jay-Z become a billionaire?

Jay-Z crossed the billionaire threshold in 2019, according to Forbes, becoming hip-hop’s first billionaire. His path included co-founding Roc-A-Fella Records and Roc Nation, selling 50% of Armand de Brignac to LVMH for approximately $320 million, selling D’Ussé to Bacardi for a reported $750 million, and selling a majority of Tidal to Block for $297 million. Combined with his music catalog, investments in Uber, Square, and Sweetgreen, and a fine art collection, his net worth has reached $2.8 billion as of 2026.

How many Grammy Awards has Jay-Z won?

Jay-Z has won 24 Grammy Awards across his career, making him one of the most decorated recording artists in Grammy history. He was named the greatest rapper of all time by both Billboard and Vibe in 2023 and was inducted into the Rock and Roll Hall of Fame in 2021.

How Old Is Jay-Z?

As of March 2026, Jay-Z is 56 years old. Jay-Z was born on December 4, 1969 in Brooklyn, New York City, U.S.

How Tall Is Jay-Z?

Jay-Z stands 6’2″ tall (188 cm).

Who Is Jay-Z’s Wife?

Jay-Z has been married to Beyoncé since 2008. Together they are one of the most powerful couples in the entertainment industry. They have three children: Blue Ivy (14), and twins Rumi and Sir (8).

Does Jay-Z Have Kids?

Yes, Jay-Z has three children with his wife Beyoncé: daughter Blue Ivy Carter (14) and twins Rumi and Sir Carter (8). Blue Ivy has already made a name for herself, winning a Grammy Award and voicing a character in Disney’s Mufasa: The Lion King.

Where Does Jay-Z Live?

Jay-Z lives in Los Angeles, California. In 2023, he and Beyoncé purchased a Malibu mansion for a record-breaking $200 million, making it one of the most expensive residential real estate transactions in U.S. history.

How Much Does Jay-Z Make Per Year?

With a net worth of $2.8 billion as of 2026, Jay-Z’s annual income comes from multiple business ventures including Roc Nation, Armand de Brignac champagne, and his D’Ussé cognac brand. His diversified portfolio generates hundreds of millions in revenue per year.